NASDAQ | ETF
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index.
The index is designed to select value stocks from the NASDAQ US 500 Large Cap Index TM (the base index) that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| WDC | Western Digital Corporation | Technology | Computer Hardware | 1.38% |
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 1.25% |
| ON | ON Semiconductor Corporation | Technology | Semiconductors | 1.17% |
| BIIB | Biogen Inc | Healthcare | Drug Manufacturers - General | 1.14% |
| REGN | Regeneron Pharmaceuticals Inc | Healthcare | Biotechnology | 1.10% |
| GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | 1.10% |
| CTSH | Cognizant Technology Solutions Corp Class A | Technology | Information Technology Services | 1.06% |
| DAL | Delta Air Lines Inc | Industrials | Airlines | 1.05% |
| FDX | FedEx Corporation | Industrials | Integrated Freight & Logistics | 1.04% |
| DOV | Dover Corporation | Industrials | Specialty Industrial Machinery | 1.01% |
| HAL | Halliburton Company | Energy | Oil & Gas Equipment & Services | 1.01% |
| CTRA | Coterra Energy Inc | Energy | Oil & Gas E&P | 0.99% |
| WBD | Warner Bros Discovery Inc | Communication Services | Entertainment | 0.98% |
| SLB | Schlumberger NV | Energy | Oil & Gas Equipment & Services | 0.98% |
| FANG | Diamondback Energy Inc | Energy | Oil & Gas E&P | 0.97% |
| F | Ford Motor Company | Consumer Cyclical | Auto Manufacturers | 0.97% |
| FOXA | Fox Corp Class A | Communication Services | Entertainment | 0.97% |
| UAL | United Airlines Holdings Inc | Industrials | Airlines | 0.96% |
| MKL | Markel Corporation | Financial Services | Insurance - Property & Casualty | 0.95% |
| VLO | Valero Energy Corporation | Energy | Oil & Gas Refining & Marketing | 0.95% |